Key Market Indicators
Russian imports of lithium are projected to reach 9.1 million kilograms by 2026, a 3.5% increase from 7.3 million kilograms in 2021. This marks an average 5.8% rise in demand since 2001. In 2021, Russia ranked sixth, with Belgium surpassing it with 7.3 million kilograms. China, Japan, and the United States followed in second, third, and fourth place respectively. Exports of lithium from Russia are expected to reach 39,210 kilograms by 2026, a 3.3% rise from 31,940 kilograms in 2021. This marks an average 9.3% increase in supply since 2001. In 2021, Russia ranked nineteenth, with South Africa overtaking it with 31,940 kilograms. Argentina, Belgium, and China were the second, third, and fourth-ranked countries respectively.
